Friday, September 03, 2010

Billion Dollar Retail Industry I Have Never Heard Of

Let's preface this by saying I'm male first and foremost and that should probably explain everything. That's right I don't "bargain shop". If I want something I just go buy it because I instinctively know if it is a good price, or not, and what that widget should sell for and the value it has in money. Except maybe stuff like say pedestal sinks.

So...I wasn't really surprised that there were membership-only, sample-sale websites that bring the excitement of a door-buster sale online, with prices as much as 80 percent off. What did surprise me is that some guy introduced one in November 2007 and has $1 Billion in sales already. Take a look.